SEC drops its probe into Hiro’s Stacks.
Another day, another dropped SEC crypto investigation, this time into Hiro’s Stacks, a Bitcoin scaling layer for smart contracts, according to a regulatory filing posted on Friday. In a Form…
Bitcoin ETFs log over $300 million in net inflows to reach record level following six-day streak.
Bitcoin ETFs on Friday had their best day since June 5 of total net inflows, gaining over $300 million according to SoSoValue data. The notable sum marks six trading days…
CoinStats says $2.2 million worth of crypto was stolen in June hack by ‘sophisticated attacker’
The crypto portfolio tracking app blamed a $2.2 million hack in June on a sophisticated and nation-state affiliated hacker, likely the Lazarus Group. According to the company, the attacker compromised…
Massive Volatility in Crypto Markets Amid Donald Trump Shooting.
Bitcoin soared past $60,000 for the first time in weeks.The biggest news in the past 24 hours involved the Republican presidential candidate in the US – Donald Trump – who…
OpenAI is Developing a New AI Model That Can Think Like Humans.
OpenAI, the company behind ChatGPT, is working on a new AI model named “Strawberry” that aims to make artificial intelligence think more like humans do. According to a Reuters report…
Weekly Bitcoin Fees Fall to Lowest Level in 8 Months: ITB.
Fees on the Bitcoin network have decreased by 18% this week after dropping 27% from the previous one. Transaction fees on the Bitcoin network have continued to decline months after…
Bail Denied for Tornado Cash Dev Alexey Pertsev Amid Money Laundering Conviction Appeal.
The 31-year-old Tornado Cash dev was recently sentenced to 64 months in prison.A Dutch court has denied bail for Tornado Cash developer Alexey Pertsev, who was convicted of money laundering…
Nigerian Court Sets Binance Tax Evasion Case for October.
A Nigerian Federal High Court has fixed October 11 as the date to announce its decision on the tax evasion case against the cryptocurrency exchange, Binance. The company is accused…
Judge Criticizes Coinbase’s Attempt to Subpoena SEC Chair Gary Gensler
Judge Katherine Polk Failla remains unconvinced by Coinbase’s request to subpoena SEC Chair Gary Gensler’s personal communications. In a July 11 hearing, Judge Katherine Polk Failla expressed skepticism about Coinbase’s…
House Fails to Overturn Biden’s Veto on Crypto Custody Guidance, SEC Offers New Path.
The United States House of Representatives has failed to overturn President Biden’s veto of a measure that would have nullified SEC guidance on crypto custody services.The Security and Exchange Commission’s…